Trump, diesel and Europe’s new energy squeeze
Another surge in energy prices risks making life even more expensive for Europeans — especially once winter rolls around. So when EU energy ministers meet in Dublin today, affordability will be at the top of their agenda. On the show, Zoya Sheftalovich and Ian Wishart discuss just how bad the price spike is and how […]
EU energy ministers are meeting in Dublin to discuss the rising cost of energy, which is expected to worsen with the onset of winter. The UK is also facing high diesel prices, which reached a new high on Monday due to supply pressures.
The UK government is in talks with US authorities over a potential ban on diesel exports, with Chancellor John Healey stating that they are preparing for such a scenario. The UK relies on the US for around a third of its diesel imports.
According to the BBC, US President Donald Trump has threatened to ban diesel exports, citing that they are "thinking about it very seriously". The UK government is working with the US to find a diplomatic solution to ease the situation, with Healey mentioning the possibility of a diplomatic settlement and an end to the conflicts in Iran and Ukraine.
Brief written by urgent.news from Politico EU, BBC Business — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
